TMI Blog1978 (3) TMI 87X X X X Extracts X X X X X X X X Extracts X X X X ..... e is entitled to claim deduction in respect of contribution made by it to its own gratuity fund, which admittedly was not one of the approved gratuity funds spoken of under section 36(1)(v) of the Income-tax Act, 1961 ? The Tribunal held that the assessee was entitled to claim deduction. This question is no longer res integra. This court in Madho Mahesh Sugar Mills v. Commissioner of Income-tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under section 36(1)(v) of the Act. The same view has been taken by the Bombay High Court in Tata Iron Steel Company Ltd. v. D. V. Bapat, Income-tax Officer [1975] 101 ITR 292, in which reference has been made to an earlier decision of the Delhi High Court in Delhi Flour Mills Co. Ltd. v. Commissioner of Income-tax [1974] 95 ITR 151. We have heard learned counsel, but we are not disposed to ta ..... X X X X Extracts X X X X X X X X Extracts X X X X
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